Standard contract for wire rod futures of Shanghai Futures Exchange
Trade variety wire rod
Trading unit 10 ton/lot
Quotation bits (RMB)/ton
The minimum price change is 1 yuan/ton.
The maximum fluctuation range of daily price shall not exceed 5% of the previous settlement price.
The contract delivery month is1-65438+February.
Trading time: 09: 00-10:1510: 30-1:30.
13: 30-14:10/4: 20-15: 00 pm
On the last trading day, the delivery month of the contract is 15 (postponed in case of legal holidays).
Delivery date: five consecutive working days after the last trading day.
Delivery grade: standard product: φ8mm wire rod conforming to the national standard GB 1499. 1-2008 Steel for Reinforced Concrete Part 65438: Hot Rolled Round Steel (HPB235).
Substitution: φ6.5mm wire rod conforming to the national standard GB 1499. 1-2008 Steel for Reinforced Concrete Part 1 Part: Hot Rolled Round Steel Bars HPB235.
Delivery place: delivery warehouse designated by the exchange.
7% of the contract value of the trading margin
The minimum delivery unit is 300 tons.
Delivery method physical delivery
Transaction code WR
Listed Exchange Shanghai Futures Exchange